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Board to review the Letters of Credit requirements, remarking that "if you kill the developer up <br />front, then everything goes away." <br />Michael Thorpe, 4303 Sunset Drive, lot owner at Huntington Place, related that he had <br />bought his lot because Huntington Place was one of few available wooded subdivisions. He <br />briefly described Foster I.R.C., LLC's intent to create a landmark property in the County, and <br />urged the Commission to allow them to continue with their goal, and not be forced to clear-cut <br />the property. <br />Public Works Director Jim Davis and Chairman Davis engaged in further discussion <br />about why the requirements for lot fill had initially been placed upon the subject property. <br />Aaron Bowles, MVB Engineering, 2455 14th Avenue, described drainage analysis which <br />had been done on the subject lot, affirming that he did not anticipate any problems with poor <br />drainage creating wetlands. <br />Upon request, Attorney Collins repeated the Motion for clarity: to allow the Letter of <br />Credit with Foster I.R.C., LLC to expire; rescind the Contract for Lot Fill with Foster I.R.C., <br />LLC; and request Mr. Foster to amend his deed restrictions for Huntington Place so the four lot <br />owners don't have to fill until the time of building. <br />Commissioner O'Bryan and staff briefly discussed potential ponding at the subject site. <br />The Chairman CALLED THE QUESTION, and the <br />Motion carried unanimously. The Board (1) approved to <br />allow the Letter of Credit with Foster I.R.C., LLC to <br />expire; (2) approved to rescind the Contract for Lot Fill <br />with Foster I.R.C., LLC; and (3) requested Mr. Foster to <br />amend his deed restrictions for Huntington Place so the <br />20 <br />June 23, 2009 <br />